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They're looking for efficiency and productivity improvements and want to gain a competitive advantage through new technologies. They should opt for systems with invoice management, call monitoring and contract management features to make their overall telecom processes more efficient. These buyers require customized business communication and management features to suit their complex needs.

They manage large telecom infrastructures, so in addition to call accounting and monitoring, they also require inventory and asset management features. Though we've already covered some of the benefits of telecom expense management software, the following are major advantages businesses will gain from using this technology:. Telecom usage optimization. One of the most important benefits of using telecom expense management software is the light it sheds on telecom data.

The software enables users and administrators to see call usage information and identify areas where the most money is being spent. Businesses can use this insight and apply it to improve the management of users and suppliers. For example, an organization can optimize telecom rate plans to match usage patterns or leverage it's buying power to get better pricing from a supplier. In addition, telecom spending insights are useful for making better budget planning decisions.

Streamlined operations. Many businesses lack a streamlined process for handling telecom invoices. This leads to large stacks of invoices that may require validation by one department and payment processing by another.

Time is wasted and errors are more likely when these tasks are carried out manually across multiple departments. Telecom expense management software lets users handle these tasks from a centralized location, saving time and eliminating error. Decreased operating costs. Telecom expense management systems are designed to reduce wasteful spending and costs. These systems capture all costs related to the processing of telecom expenses and enable organizations to save money. This is achieved through various activities such as cost center allocation, managing billing disputes and verification of charges.

All of these small savings lead to improved profits and oftentimes the total amount saved is significant. As you begin your software comparison and evaluation, there are a couple trends in the market buyers should know about:. Investments in telecom expense management are growing.

Organizations are increasingly investing in telecom expense management software, perhaps by virtue of the significant and tangible telecom cost reduction that is being seen. From being able to control incorrect or fraudulent billing, to being able to negotiate and optimize telecom service plans, businesses are seeing huge benefits by implementing these systems, which gives them a competitive advantage over those that fail to invest in telecom expense management.

Constantly evolving business requirements. Businesses of all sizes are continuously relying on their telecom expense management system providers to help them create and maintain an enterprise technology strategy.

The definition of telecom expense management and what businesses need from such a solution is changing fast and has come to include almost all elements of technology and business management. For instance, from the usual telecom asset tracking and billing, to managing procurement, keeping inventory up to date with required licenses, automating tasks, machine to machine M2M communication and much more.

Here are some important factors to think about before you purchase a telecom expense management solution:. Cloud or on-premise deployment. This is one of the most important and consequential decisions you'll make when purchasing software. On-premise systems will typically have higher initial costs and may also require periodic system maintenance.

On the other hand, cloud-based solutions will cost less upfront and will be managed by the vendor, but will have higher recurring costs. Users need to compare the total cost of ownership for all potential systems. Integration requirements. You must also consider whether the software integrates with your current VoIP and communication systems along with other solutions that you are using in your organization such as Microsoft Office and G Suite Google Apps for Work.

Software complexity. Buying an overly complex system can be as bad as buying one that has too few features. Apart from paying for features that won't be used, complex systems present usability issues. So, before purchasing telecom expense management software, perform a clear assessment of exactly which functions you need.

Get Advice. Other Software. Visit Website Learn More. Management of Things Tellennium is an enterprise expense management company — traditionally known as telecom expense management TEM - that provides companies with technology and expertise to efficiently manage recurring telecom, mobility, utility, a Sakon Sakon TEM is a cloud-based telecom expense management solution, which enables large businesses to manage cost and track usage of communication inventory such as mobile or wired telephony, cloud licenses and IoT connectivity.

Clearview Clearview is a cloud-based telecom expense management TEM solution designed for midsize and larger businesses. Telsphere Telsphere is a telecom expense management solution designed to help businesses monitor and audit telecom billing and other charges. Datagate Built on the Microsoft Azure platform, Datagate is a SaaS-based telecom billing platform designed to assist MSPs with automating the rating and billing of telecommunications services.

Temforce Temforce is a cloud-based telecom expense management solution. Learn More. Motus The Motus platform streamlines administrative tasks, provides fair and accurate mixed-use asset reimbursements, mitigates risk, and offers actionable data insights - all designed to empower your anywhere workforce to make the most Sierra Gold Sierra Gold is a cloud-based telecom expense management solution that caters to the needs of infrastructure analysts and IT communications managers.

WinBill WinBill is an on-premise and cloud-based telecom expense management solution that helps users analyze, control and monitor telecom expenses across the organization. Kloudville Kloudville is a cloud-based enterprise resource planning ERP solution that caters to wholesalers, distributors and e-commerce retailers and helps them to manage their business operations.

Billingbooth Billingbooth is a cloud-based telecom billing and accounting solution designed to manage subscription customers. Popular Comparisons. Buyers guide. It includes the following: Building a telecom infrastructure inventory Storing telecom bills in one place Monitoring overcharges and contract violations through telecom audits Negotiating with telecom vendors for better rates In this Buyer's Guide, we'll look at what telecom expense management software offers and the benefits of incorporating it into your telecom expense management strategy.

Call usage management in Calero Common Features of Telecom Expense Management Software Vendors offer a variety of functional breadth and depth in their telecom expense management software. Here are some of the most common capabilities: Invoice management Automates the processing and payment of electronic and paper invoices including allocation of charges to different departments, payment approvals and bill payments.

Inventory and asset management Centralizes your assets database, covering all steps in the asset life cycle, such as requisition, distribution, warranty management, replacement and retirement. Also includes purchase tracking and cost center assignment. Call accounting Facilitates the gathering, analysis, monitoring and reporting of call usage details.

Eliminates telecom misuse, enhances telecom security and ensures accurate and quick call routing. Call monitoring Helps maintain call quality standards, identify call problems and improve overall business and customer experience. Contract management Includes contract negotiation and request-for-proposal RFP management. Enables users to store and access data on contracts and renegotiate to get the best return on investment.

What Type of Buyer Are You? Most buyers fall into one of these categories: Small businesses up to 15 users. Benefits of Telecom Expense Management Software Though we've already covered some of the benefits of telecom expense management software, the following are major advantages businesses will gain from using this technology: Telecom usage optimization.

Clearview has received excellent reviews for Telecom Expense Management Software on various software review websites. Check out what our clients are saying. Clearview telecom expense management software gives you the tools to manage all aspects of your telecom spend. Use the intuitive dashboard to see important information at a glance, and the over 60 stock reports to gain a deeper understanding of where your budget is being spent.

Valicom offers a fine-tuned telecom invoice processing system. This system enables us to efficiently and accurately transfer more data from telecom invoices, whether paper or electronic, into the software for review and archiving. Telecom data goes in. Better business decisions and savings come out. Clearview can be used standalone, or as part of a custom package with selected Professional Services. But whether you choose to tap into back office resources or not, Clearview offers:.

Custom Reporting Capability. Learn how to get the most out of Clearview. See our flexible Deployment Options. Clearview can grow as your needs grow. Use customize reports and dashboards to quickly see the information you need.

Reports can be designed for any level of visibility — auditor, manager or client. Clearview is a web-based telecom expense management software , eliminating the IT headaches and security hassles of hosting it yourself. Authorized users can access Clearview from anywhere, keeping all your telecom information organized in one place. And any updates to the system are automatically installed, so there are no version worries either.

You are always working with the latest technology, and Valicom takes care of the security issues for you. Offering Clearview as a web-based software-as-a-service SaaS solution creates a simple, yet powerful, low-cost option for consultants.

Graduate from spreadsheets and use a tool with the power to make audits easier and to better showcase the savings you bring your clients. One of end users largest pain points of telecom expense management TEM is the processing of invoices.

Valicom can help you help your clients manage the paperwork with automated invoice management. Simply have the invoices sent to Valicom, we load all the data into the system, so it is available for auditing, then GL code everything and pay the bills on the back end. Streamlined, efficient, and fast. Telecom expense management solutions are an essential asset for any organization.

However, some companies are hesitant to leave their current systems. There are few considerations that will help you build a solid business case for TEM solutions.

Are you still using Excel spreadsheets for you expense management? Telecom costs are becoming more complex with variable plans, services, and companies. Tracking this information on paper is likely leading to errors and overspending on unnecessary items. TEM tracks all of your items based on provider, user, location, and more.

TEM will also manage your inventory closely within a mobile workforce. Organizations can use TEM to cost effectively control application policies, check device costs, and manage usage plans. We consider our partners as extensions of Valicom.

Valicom is committed to being a strong partner for consultants.



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